Talen Energy Co. to Post FY2024 Earnings of $0.67 Per Share, Seaport Res Ptn Forecasts (OTCMKTS:TLNE)

Talen Energy Co. (OTCMKTS:TLNE) – Analysts at Seaport Res Ptn reduced their FY2024 earnings estimates for shares of Talen Energy in a research note issued to investors on Sunday, April 14th. Seaport Res Ptn analyst A. Storozynski now forecasts that the company will post earnings per share of $0.67 for the year, down from their previous estimate of $0.68. The consensus estimate for Talen Energy’s current full-year earnings is $2.08 per share. Seaport Res Ptn also issued estimates for Talen Energy’s FY2028 earnings at $5.24 EPS.

Talen Energy (OTCMKTS:TLNE) last announced its quarterly earnings results on Thursday, March 14th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of ($0.19) by $0.34. The firm had revenue of $527.00 million during the quarter, compared to the consensus estimate of $507.00 million.

A number of other analysts also recently issued reports on TLNE. BWS Financial lifted their price objective on shares of Talen Energy from $96.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, March 28th. Wolfe Research began coverage on shares of Talen Energy in a research report on Friday, February 16th. They set an “outperform” rating and a $81.00 price target on the stock.

Talen Energy Stock Up 0.0 %

Shares of OTCMKTS:TLNE opened at $93.01 on Tuesday. The firm has a fifty day moving average price of $83.07. Talen Energy has a one year low of $44.50 and a one year high of $98.99.

About Talen Energy

Talen Energy Corporation, together with its subsidiaries, operates as a power generation and infrastructure company in the United States. The company operates in two segments: PJM, and ERCOT and WECC. It produces and sells electricity, capacity, and ancillary services. The company also operates nuclear, fossil, solar, gas, and coal power plants, as well as engages in marketing activities.